PPRO - About the company
PPRO is a series D company based in London (United Kingdom), founded in 2006 by Philipp Bock. It operates as a Provider of platform enabling local payment method integration and management. PPRO has raised $463M in funding from investors like Sprints, PayPal and J P Morgan, with a current valuation of $1B. The company has 39 active competitors, including 17 funded and 3 that have exited. Its top competitors include companies like PayNearMe, Payrails and Spreedly.
Sectors and market segments that PPRO operate in
PPRO serves in the FinTech market segments.The primary business model of PPRO is:Company Details
Provider of platform enabling local payment method integration and management. The platform allows businesses to activate, accept, and manage various payment methods. It offers tools to streamline payment processes and optimise operations. The platform supports integration through APIs, simplifying global payment processing.
- Website
- www.ppro.com/
- Registered Address
- 48 CHANCERY LANE,LONDON,ENGLAND,WC2A 1JF
Key Metrics
Founded Year
2006
Location
London, United Kingdom
Stage
Series D
Total Funding
$463M in 6 rounds
Latest Funding Round
Post Money Valuation
$1B as on Jan 19, 2021
Ranked
4th among 39 active competitors
Annual Revenue
£35.8M as on Dec 31, 2018
Employee Count
493 as on Mar 31, 2026
Investment & Acquisitions
Legal entities associated with PPRO
PPRO is associated with 5 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PPRO FINANCIAL LTD CIN: 7653641 , United Kingdom, Active | May 31, 2011 | - | 117 (As on Dec 31, 2023) | |
PPRO Financial Ltd CIN: 7653641 , Germany, Active | May 31, 2011 | $47.8M (As on Dec 31, 2018) | 129 (As on Dec 31, 2020) | |
PPRO FINANCIAL LTD CIN: 0686.693.880 , Belgium, Active | Dec 21, 2017 | - | - | - |
PPRO HOLDING GMBH CIN: 34.893.924/0001-86 , Brazil, Active | Sep 17, 2019 | - | - | - |
PPRO Holding GmbH CIN: HRB198257 , Germany, Active | - | 71 (As on Dec 31, 2021) |
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PPRO's funding and investors
PPRO has raised a total funding of $463M over 6 rounds. Its first funding round was on Apr 29, 2014. Its latest funding round was a Series D round on Mar 13, 2024 for $92.9M. 6 investors participated in its latest round. PPRO has 13 institutional investors.
Here is the list of recent funding rounds of PPRO:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 13, 2024 | $92.9M | Series D | - | - | ||
Jan 19, 2021 | $270M | Series D | $1B | 12.3x | - | |
Aug 06, 2020 | $50M | Series C | - | - |
View details of PPRO's funding rounds and investors
PPRO's founders and board of directors
Founder? Claim ProfileThe founders of PPRO is Philipp Bock. Simon Black is the CEO of PPRO.
Here are the details of PPRO's key team members:
- Philipp Bock: Co-Founder of PPRO and founder of 1 other company.
- Simon Black: CEO of PPRO. They serve on the board of 1 company.
PPRO's Board of Directors
PPRO's board has 5 active members. Tobias Schreyer, Simon Black, Philipp Nieland, Götz Möller and Stefan Erwin Merz are part of team.Here is the list of PPRO's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 10y 4m | |
Team | - | Current | 6y 1m | |
Team | - | Current | 6y 2m | |
Team | - | Past | 1y 11m | |
Team | - | Past | 7y 3m | |
Team | - | Past | 4y 9m |
View details of PPRO's Founder profiles and Board Members
PPRO's employee count trend
PPRO has 493 employees as of Mar 26. Here is PPRO's employee count trend over the years:
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PPRO's Competitors and alternates
Top competitors of PPRO include PayNearMe, Payrails and Spreedly. Here is the list of Top 10 competitors of PPRO, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | PayNearMe 2009, Santa Clara (United States), Series E | Provider of platform facilitating payment acceptance, disbursement, and management services | $203M | 71/100 | |
2nd | Provider of modular platform for payment and financial infrastructure management | $52.8M | 64/100 | ||
3rd | Spreedly 2007, Durham (United States), Acquired | Provider of a platform for orchestrating global payment gateway integrations | $82.8M | 64/100 | |
4th | PPRO 2006, London (United Kingdom), Series D | Provider of platform enabling local payment method integration and management | $463M | 77/100 | |
5th | Provider of modular payment solutions for marketplaces and alternative finance platforms | $39.3M | 62/100 | ||
6th | Pagos AI 2021, Wilmington (United States), Series A | Provider of AI-powered platform optimizing payments data for higher conversions | $44M | 62/100 | |
7th | Primer 2019, London (United Kingdom), Series B | Provider of unified infrastructure for payment acceptance, routing, and reconciliation | $73.9M | 60/100 | |
8th | CellPoint Digital 2007, London (United Kingdom), Series D | Provider of payment orchestration platform and related payment optimisation services | $68.9M | 59/100 | |
9th | APEXX 2015, London (United Kingdom), Series B | Provider of a platform for payment orchestration and transaction processing | $57.4M | 58/100 | |
10th | BridgerPay 2018, Limassol (Cyprus), Seed | Provider of a platform for payment orchestration, retry, and reconciliation | $6M | 51/100 |
Looking for more details on PPRO's competitors? Click here to see the top ones
PPRO's Investments and acquisitions
PPRO has made 1 investments in companies including Sentinels. PPRO has also acquired 3 companies including Alpha Fintech and Allpago.Here is the list of investments & acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Mar 08, 2022 | Acquisition | 2011 | Dublin (Ireland) | |
Sep 22, 2021 | Investments | 2020 | Amsterdam (Netherlands) | |
Jun 13, 2019 | Acquisition | 2008 | Sao Paulo (Brazil) |
See all acquisitions by PPRO
Reports related to PPRO
Here is the latest report on PPRO's sector:
News related to PPRO
Media has covered PPRO for a total of 12 events in the last 1 year, 4 of them have been about company updates and 4 about people movement.
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PPRO Launches Buy Now Pay Local Solution for European BNPL Market AccessFintech Finance•Nov 11, 2025•PPRO
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PPRO Enables Wero for CTS Eventim, Debuts European Digital Payment in Live EntertainmentFintech Finance•Nov 05, 2025•Eventim, PPRO
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PPRO Appoints Michelle Eischeid as Chief Financial Officer for Growth PhaseFintech Finance•Jul 07, 2025•PPRO
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PPRO integrates Pix Automático for recurring payments in BrazilElectronic Payments International•Jun 17, 2025•PPRO, WePay
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PPRO Launches Subscriptions for Local Payments to Optimize Payment StrategiesFintech Finance•May 30, 2025•PPRO
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PPRO Launches Subscriptions for Local Payments to Optimize Payment StrategiesFintech Finance•May 30, 2025•PPRO
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733Park Facilitates Acquisition of Private Client Payments’ Merchant Portfolio by Pro Payment ServicesBusiness Wire•Feb 26, 2025•733Park, PPRO
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